Life Planning Partners Inc Takes $34.55 Million Position in Vanguard S&P 500 ETF (NYSEARCA:VOO)

Life Planning Partners Inc purchased a new position in Vanguard S&P 500 ETF (NYSEARCA:VOO) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 64,118 shares of the company’s stock, valued at approximately $34,547,000. Vanguard S&P 500 ETF makes up about 4.8% of Life Planning Partners Inc’s investment portfolio, making the stock its 3rd biggest holding.

Several other hedge funds and other institutional investors also recently made changes to their positions in VOO. Your Advocates Ltd. LLP purchased a new stake in shares of Vanguard S&P 500 ETF in the fourth quarter worth $29,000. Asset Management One Co. Ltd. boosted its stake in Vanguard S&P 500 ETF by 185.0% in the 4th quarter. Asset Management One Co. Ltd. now owns 57 shares of the company’s stock worth $31,000 after purchasing an additional 37 shares in the last quarter. Urban Financial Advisory Corp purchased a new stake in Vanguard S&P 500 ETF during the 3rd quarter valued at about $51,000. Sherman Asset Management Inc. bought a new stake in Vanguard S&P 500 ETF during the 4th quarter valued at about $52,000. Finally, Sugar Maple Asset Management LLC purchased a new position in Vanguard S&P 500 ETF in the fourth quarter worth about $53,000.

Vanguard S&P 500 ETF Stock Down 2.0 %

NYSEARCA:VOO opened at $510.80 on Friday. The stock has a market cap of $1.44 trillion, a price-to-earnings ratio of 25.26 and a beta of 1.01. The company’s 50 day moving average price is $541.51 and its 200-day moving average price is $539.71. Vanguard S&P 500 ETF has a 52 week low of $453.90 and a 52 week high of $563.92.

Vanguard S&P 500 ETF Increases Dividend

The business also recently disclosed a dividend, which will be paid on Monday, March 31st. Investors of record on Thursday, March 27th will be given a dividend of $1.8121 per share. This is an increase from Vanguard S&P 500 ETF’s previous dividend of $1.78. The ex-dividend date of this dividend is Thursday, March 27th.

Vanguard S&P 500 ETF Company Profile

Vanguard 500 Index Fund (the Fund) is an open-end investment company, or mutual fund. The Fund offers four classes of shares: Investor Shares, Admiral Shares, Signal Shares, and Exchange Traded Fund (ETF) Shares. The Fund seeks to track the investment performance of the Standard & Poor’s 500 Index, an unmanaged benchmark representing the United States large-capitalization stocks.